Are you a small business owner looking to grow or acquire a business but unsure how SBA loans work? In this episode of Radio Free Enterprise, Frank Felker sits down with Mary Soldano, SBA Business Development Officer at Truliant Federal Credit Union, to demystify the SBA loan process. Mary explains the key differences between SBA loans and traditional loans, the role of government guarantees, and the flexibility SBA loans offer—including access to capital with minimal collateral requirements. Mary also dives into the "5 Cs of Credit" lenders use to evaluate applications, emphasizing the importance of cash flow, management experience, and transparency. You'll learn how to choose the right SBA lender, navigate the application process, and understand recent changes to SBA lending rules, such as new equity injection options for business acquisitions. Whether you're considering an SBA 7(a) loan for real estate, working capital, or business acquisition, this interview provides invaluable insights to guide you through the lending process. Don't miss this comprehensive guide to securing the funding your business needs! Mary's Contact Information Mary Soldano SBA Business Development Officer Truliant SBA Lending Phone: 856-562-8323 [email protected] https://www.linkedin.com/in/marysoldano1/ 

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